Partnership with Philips and Diamond Bank Plc gives Nigerian clinics access to financing for medical equipment

30 January 2015

Lagos, Nigeria – Royal Philips (NYSE: PHG, AEX: PHIA), the Medical Credit Fund, part of the PharmAccess Group and Diamond Bank Plc have launched a partnership to improve access to quality healthcare in Nigeria. Small and medium-sized private clinics that want to acquire innovative medical technologies and services from Philips can finance this purchase through the Diamond Mediloan QualityCare Program. Loans under this program are backed with business and medical quality assessments plus training implemented by the Medical Credit Fund using the Safecare standards. As such, clinics can expand and improve the quality of their services, giving more people access to quality healthcare.

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